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Author Topic: How to get back invested money from ICO ?  (Read 1458 times)
hgmarral
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November 05, 2017, 03:33:14 AM
 #21

Depends is they scammed you out of your money or whether it was a legitimate investment that just went wrong. Right now there isn't much you can do in either scenario but if you can prove a company is scamming people out of their money then maybe you can take legal action to get some money back. But remember with investing you take the risk with the reward, not every investment and certainly not every ICO will work out and you should plan your investments accordingly to this fact.
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November 05, 2017, 03:56:32 AM
 #22

The only thing people can do when getting into ICOs now is just do your own research and see if the risks are worth taking.

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November 05, 2017, 05:12:12 AM
 #23

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

This is why I just love to participate on bounties than investing money on ICO's. I can only afford to lose my time than money as life is hard as hell now. ICO's are just a matter of luck for me because we all know how risky it is and we don't know when will be these ICO's will run away with our investments. Decentralized investments don't care about governments and police and vice versa. If these ICO's were regulated or not then I don't know yet about legal actions do the governments to take on it but it maybe possible for them to open a lawsuit just like of Tezos.



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November 05, 2017, 05:14:11 AM
 #24

I don't think they'll allow that. When you invest something in an ICO, you are blocking your money until the token goes on trade on an exchange. And the time frame to happen that in indefinite in most of the case.



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November 05, 2017, 06:48:48 AM
 #25

I think there is no way to return money from losses due to investment in ICO.
 it is a risk that we must accept if invest in ico. therefore wise in choosing ico not perfunctory.
consider the project read well its white paper to know the prospect of the project
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November 05, 2017, 08:21:30 AM
 #26

I think there is no way to return money from losses due to investment in ICO.
 it is a risk that we must accept if invest in ico. therefore wise in choosing ico not perfunctory.
consider the project read well its white paper to know the prospect of the project

I agree that some Ico won't refund your investment because at the first place you are the one who put your money there and if this happens to you or to anybody or me. I think i need to more research about the ico before i invest. I always keep in my mind that investing is a very risky thing.

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November 05, 2017, 08:28:18 AM
 #27

I dont think there is such law that can give you back what you invest on ICO, ICO is a high kind of investment and the only way for you to gain back what you invest is to sell the coin.
Most developers of coins only want the money from ICO and after that there will be no more movement from the developers.
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November 05, 2017, 08:53:37 AM
 #28

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?


Well no. Unless there is misleading advertising or misuse of funds there is really nothing you can do about most ICOs. You know fully well going into the ICO that you are going to invest in an unsecured investment with no guarantees.

The tokens from the ICOs are traded on a free market, so it's not the ICO that scammed you. You may have just bought the wrong token at the wrong time.

And pretty sure most ICOs are located overseas, as well as having terms and conditions that protect themselves from getting sued for anything.

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November 05, 2017, 09:02:46 AM
 #29

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

You can't do anything, Because the project will be placed in overseas. That waste a lot of your money to get back it again. The reason for some investors opens a lawsuit caused by the tezos worth hundreds million dollars. The possibility about the money will be seized by the goverment.

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November 05, 2017, 09:21:00 AM
 #30

nope, there is no way for you to take back the money. as always, dyor before investing in crypto and you have no one to blame except yourself if you being scam in crypto. high risk high return, people often see only return but ignore the high risk part.
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November 05, 2017, 09:25:18 AM
 #31

Hello, as everyone can see, a lot of ICO's price dropped significantly and founders are not delivering anything, because they don't care. People lost their money and hope.


Is there a way to get investors money back by involving government and police?

What if collective group of investors opens a lawsuit similar like is happening now with Tezos?

That is why the former Chinese country forbade ICO, that's because most ICOs are too risky.
but if you are currently deprived of investment on ICO then there is nothing you can do.
You can just stay and try to make sure that your investment will be restored.
That's why ICO is considered a risky thing because not all ICOs have a good level of success.
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November 05, 2017, 09:28:45 AM
 #32

Many countries in the world are in China, the United States and Korea ... the ban on ico is good news. When investors and a bad ico mean that you have lost that money, the states that issue a ban on ico to protect the money of their citizens.

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October 29, 2018, 04:44:06 PM
 #33

Go to good lawyers! Here for example https://icorefund.pro
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October 29, 2018, 04:51:04 PM
 #34

Those that invest in ICO are aware of the risk involve that is why you should  consider your involvement with cryptocurrency investment very seriously! Cryptocurrency investment is not your regular type of investment and is not meant for everyone!
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October 29, 2018, 04:55:59 PM
 #35

I think investors can sue the project owners if the carefully study the whitepaper and the rules and regulations and find any breach on the part of the project owners. But make sure the law is on your  side otherwise there is no need to waste further money on legal fees pursuing a loss that has already gone. I will say there is no need to reinforce failure. It is gone let it be by gone and use it as a learning curve for next opportunity. Let us be wise in our investment decision.
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October 29, 2018, 05:03:26 PM
 #36

In my country, it is impossible to hold accountable for cheating during the ICO. In the near future, many countries will determine the position of cryptocurrencies and ICO then it will be possible to bring to justice an unscrupulous team.

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October 29, 2018, 05:12:03 PM
 #37

Sorry - no way. It happens, we all invested in scam. ICOS have no regulation now, so nothing can be done. I'm sorry.

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October 29, 2018, 05:16:20 PM
 #38

Practically nothing! You must be prepared in advance and know that investing is a risk. At any moment you can be deceived.
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November 02, 2018, 08:27:46 AM
 #39

If there are no conditions in the smart contract, then after the investment you can immediately take your investment.






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November 02, 2018, 08:32:39 AM
 #40

I think that there is little chance. Well, what country are you in and what country is the project related to?
if the project is not scam and the price of the token has fallen due to the market situation, then it will rise with the growth of the entire market

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